Kuwait city: The price of Kuwaiti oil increased by 88 cents, reaching USD 66.61 per barrel on Wednesday, as reported by the Kuwait Petroleum Corporation (KPC) on Thursday. This marks an increase from the previous day's price of USD 65.73 per barrel.
According to Kuwait News Agency, the global oil market showed mixed trends. Brent crude prices rose by USD 2.45, bringing the price to USD 62.71 per barrel. In contrast, the West Texas Intermediate crude saw a decrease of USD 2.55, settling at USD 58.49 per barrel.